The litzenberger company has projected the following quarterly sales amounts for the coming year: q1 q2 q3 q4 sales $ 790 $ 820 $ 900 $ 980 a. accounts receivable at the beginning of the year are $380. the company has a 45-day collection period. calculate cash collections in each of the four quarters by completing the following: (do not round intermediate calculations and round your answers to 2 decimal places, e. g., 32.16. a negative answer should be indicated by a minus sign.) q1 q2 q3 q4 beginning receivables $ $ $ $ sales 790 820 900 980 cash collections ending receivables $ $ $ $

The total value of your portfolio is $10,000: $3,000 of it is invested in stock a and the remainder invested in stock b. stock a has a beta of 0.8; stock b has a beta of 1.2. the risk premium on the market portfolio is 8%; the risk-free rate is 2%. additional information on stocks a and b is provided below. return in each state state probability of state stock a stock b excellent 15% 15% 5% normal 50% 9% 7% poor 35% -15% 10% what are each stock’s expected return and the standard deviation? what are the expected return and the standard deviation of your portfolio? what is the beta of your portfolio? using capm, what is the expected return on the portfolio? given your answer above, would you buy, sell, or hold the portfolio?